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January 17, 2021

Walmarts

Walmart’s e-commerce chief Marc Lore to leave after jumpstarting retailer’s digital business

CNBC
CNBC – For more and to sign up click here Marc Lore, CEO, Walmart eCommerce Scott Mlyn | CNBC Walmart’s U.S. e-commerce business leader Marc Lore is leaving the big-box retailer, nearly five years after it looked to the serial entrepreneur to help accelerate its online business, according a filing......

E-commerce keys Walmart’s quarterly growth

FoodBusinessNews
BENTONVILLE, ARK. — Driven overwhelmingly by growth in its e-commerce business, comparable sales in the US business of Walmart Inc. rose 6.4% in the company’s third quarter. While Walmart’s online business continued to operate at a loss, C. Douglas McMillon, president and chief executive officer, said the e-commerce business is......

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